Porcupine Real Estate Blog
Read our blog for fun anecdotes and helpful information about life and real estate. We’d love to add you to our email list for updates; drop us a line!
Mortgage lenders, and the federal agencies that regulate lenders, are putting coronavirus mortgage relief measures in place to ensure homeowners have options if they’re unable to make payments. What do you do if you need to take advantage of these relief measures? Well, your first stop should be your lender or bank. It’s important to keep in mind that this…
Read More
Selling a home can be quite a process. First come the negotiations. Then comes the inspection. Then comes the financing commitment. Sandwiched in the middle, the inspection is usually a contingency to the offer, meaning the buyer can back out of the contract based on problems discovered. The Process The purpose of the inspection is for the inspector to look…
Read More
If you’re thinking of selling your home, you may have considered trying to sell it without a real estate agent. Why should you pay an agent for work when you can do it yourself? Well, while you might be able to sell your home on your own, you may lose out on some potential profit by not fully understanding the…
Read More
If the buyer of your home is financing the purchase, chances are good that their lender will require an appraisal. Understanding how appraisals work will prepare you for the process and help you achieve a quick sale. An appraisal is an opinion of the value of your home based on what comparable homes in your city/town have sold for recently.…
Read More
While you might have a long list of things you appreciate about your new home, your lender may not agree. They don’t care if it has a pizza oven, jacuzzi tub, or patio that is perfect for outdoor gatherings. They do care if the home you are buying is worth what you’re paying. If there is ever a point where…
Read More
Months of searching, attending open houses, and viewing available homes finally paid off. You’ve found the perfect property in a nice neighborhood for a fair price. You’re ready to make an offer. Then it happens: you get the dreaded call from your agent telling you there are multiple offers on the property. Now what? Reasons for Multiple Offers Inventory shifts…
Read More
We are in the midst of a hot sellers’ market and many sellers are finding themselves with multiple offers. So, how can you decide which offer is best? Our agents at Porcupine Real Estate use their expertise and years of knowledge to help you determine which offer to consider. Some of the criteria we encourage you to consider include: Preapprovals…
Read More
We all know that New Hampshire is the Free State. But, when faced with moving to a new state, why, exactly, do people pick New Hampshire? Here are some reasons from movers to the Free State: great community and economy New Hampshire’s aesthetics and the state’s laws everyone is very friendly no income tax or sales tax income-earning potential was…
Read More
Buying an investment property can be a good financial move. There are some differences between buying a primary residence and investment property, though. Obtaining a Mortgage In nearly all cases, mortgage rates for investment properties are higher than when you buy a primary residence. The reason for this is that lenders tend to view an investment property as a riskier…
Read More
We’ve lost count of the number of times we’ve gotten an email from someone wanting to move to New Hampshire and buy land. While we heartily endorse the idea of property ownership, there are some important considerations worth sharing for folks heading down this path. Financing: typically banks lend only up to 50-70% of the purchase price on land acquisition-fewer options…
Read More